DWS Municipal Income Trust
KTF
69 hedge funds and large institutions have $196M invested in DWS Municipal Income Trust in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 12 closing their positions.
3% less capital invested
Capital invested by funds: $203M → $196M (-$7M)
4.51% less ownership
Funds ownership: 54.66% → 50.15% (-4.5%)
9% less funds holding
Funds holding: 76 → 69 (-7)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$24.8M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.95M |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$1.56M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.05M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$22.4M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$7.08M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.36M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.92M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Nomura Holdings
Tokyo,
Japan
| – | -$378K | -39,879 | Closed |
|
|
FPCP
77
Fort Point Capital Partners
San Francisco,
California
| – | -$247K | -26,097 | Closed |
|
78
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$14.5K | -1,529 | Closed |
|
|
DJSG
79
D.J. St. Germain
Springfield,
Massachusetts
| – | -$13.6K | -1,433 | Closed |
|
|
GLR
80
Great Lakes Retirement
Sandusky,
Ohio
| – | -$6.63K | -700 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$2.12K | -224 | Closed |
|
KTF Hedge Fund Activity: Q3 2024 in Review
69 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in DWS Municipal Income Trust (KTF) for Q3 2024, worth a combined $196M — down 3.5% from $203M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KTF and 5 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was Sit Investment Associates, adding an estimated $24.8M. The largest seller was Saba Capital Management, exiting entirely with an estimated $22.4M sold.
- 69 institutional investors held DWS Municipal Income Trust (KTF) as of Q3 2024, down from 76 in Q2 2024.
- Funds reported $196M of DWS Municipal Income Trust stock for Q3 2024, down 3.5% quarter-over-quarter.
- 5 funds opened new DWS Municipal Income Trust positions in Q3 2024 and 12 closed out, a net change of -7 holders.
- The largest DWS Municipal Income Trust buyer in Q3 2024 was Sit Investment Associates, an estimated $24.8M added.
- The largest DWS Municipal Income Trust seller in Q3 2024 was Saba Capital Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q3 2024.